Felicia Sharing

SUPERMAX (SUPERMX): How To Play The Bonus Issue?

FeliciaWong
Publish date: Thu, 20 Aug 2020, 03:45 PM
Sharing purpose only.

I called the experienced uncle (30 years’ experience) to thank him for my small gain so far of around after hearing what he say. After knowing that Supermax ex-date has been set, I call him again.:

  1. SUPERMAX bonus issue ex-date is 4-Sep
  2. Sifu said SUPERMAX share price is now RM20.94 while COVID-19 cases is 22m.
  3. Sifu said he thinks COVID-19 cases will exceed 23.25m in less than 10 days time. When that happen, value of RM23.25 should be seen.

Some important part of the discussion:

1. SUPERMAX bonus issue ex-date is 4-Sep

Me: My friend told me Supermax has set its bonus issue on 4-Sep. I am very happy and I want to sell my shares to realize the profit. But before douing so, I want to call you and ask you again...

Sifu: The biggest enemy in trading and in many things is your own emotion. Do you think share price will go up or down in the future after bonus issue announced ?

Me: (Thinking for a while). Should go up right ? Because people feel happy...

 

2. Sifu said SUPERMAX share price is now RM20.94 while COVID-19 cases is 22m.

Sifu: I told you previously right about RM23.25? Earnings jumped 15x so share price should increase 15x. This is from the RM400m quarter which can sustain… share price should be RM1.55 *  15 = RM23.25. Remember this is not a recommendation, I am just an old uncle… so do your own calculation. (smiling…)

Me: But recently COVID-19 cases keep on increasing, what do you think?

Sifu: Yes, it has increased further to 22m. This number is close to RM23.25!

Me: So if the cases increase above 23.25m, means Supermax share price will exceed RM23.25???

Sifu: (BIG LAUGH) That is quite a crazy calculation. But you are not totally wrong ! Because more serious COVID means the last quarter RM400m profit has more upside to go. More earnings means higher share price value.

3. Sifu said he thinks COVID-19 cases will exceed 23.25m in less than 10 days time. When that happen, value of RM23.25 should be seen.

Me: I know this is bad, but how long more the cases will surge above 23.25m ? 

Sifu: (Use his hand move here and there)... about 7 to 10days. 

Me: Thank you so much sifu! 

Sifu: Sometimes things can go wrong so buy only if you have money and can stay at least 3 months. This is the time needed for a Company to show either better or worse profit. If you play daily contra or want to earn in a week, better don't buy.

 

Full conversation:

Me: Thank you so much sifu, I earned a bit after talking to you few days ago.

Sifu: You are welcome. Be careful, sometimes it is beginner's luck. You should continue to learn.

Me: My friend told me Supermax has set its bonus issue on 4-Sep. I am very happy and I want to sell my shares to realize the profit. But before douing so, I want to call you and ask you again...

Sifu: The biggest enemy in trading and in many things is your own emotion. Do you think share price will go up or down in the future after bonus issue announced ?

Me: (Thinking for a while). Should go up right ? Because people feel happy...

Sifu: If you think share price should go up, should you sell or hold or buy?

Me: I will hold then. 

Sifu: Hahaha, doesn't sound very logical but good enough. Maybe I ask you in another way, if you did not own Supermax shares previously, will you be willing to buy now?

Me: In that case, yeah I will buy. But i already have it so I think I am good for now. 

Sifu: OK, the answer is pretty obvious but I know it is hard to overcome your own emotion.

Me: OK, I will hold. But i still feel reluctant to buy more.

Sifu: It is Ok. Holding to it you already better than many people.

Me: Sifu, when should I sell? 

Sifu: I told you previously right about RM23.25? Earnings jumped 15x so share price should increase 15x. This is from the RM400m quarter which can sustain… share price should be RM1.55 *  15 = RM23.25. Remember this is not a recommendation, I am just an old uncle… so do your own calculation. (smiling…)

Me: But recently COVID-19 cases keep on increasing, what do you think?

Sifu: Yes, it has increased further to 22m. This number is close to RM23.25!

Me: So if the cases increase above 23.25m, means Supermax share price will exceed RM23.25???

Sifu: (BIG LAUGH) That is quite a crazy calculation. But you are not totally wrong ! Because more serious COVID means the last quarter RM400m profit has more upside to go. More earnings means higher share price value.

Me: I know this is bad, but how long more the cases will surge above 23.25m ? 

Sifu: (Use his hand move here and there)... about 7 to 10days. 

Me: Thank you so much sifu! 

Sifu: Sometimes things can go wrong so buy only if you have money and can stay at least 3 months. This is the time needed for a Company to show either better or worse profit. If you play daily contra or want to earn in a week, better don't buy.

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Discussions
2 people like this. Showing 8 of 8 comments

newbie8080

I was wondering when you posted the first blog with a new id.
Firstly, if this is a secret conversation that would make you rich, why would you want to share with us.

Secondly, the Uncle is possibly a fictional character in your mind. Trying to cook something up, as you had dip into this stock at high price.

What are you up to?
Another case of unsound mind people losing money in the past?

2020-08-21 10:07

Taehyung

Why make it so complicated, at least it is a buy for the short term !

2020-08-21 11:56

kiki8630

Haha. Possible a fictional character. But then again, you don’t make decision solely from what you read in the forum. Well just visualize and imagine there is such uncle talking to you in the same manner - that’s how I am reading it and then decide whether it is a pure bs or something worth pondering.

2020-08-21 14:33

Russel

Your uncle previously work for shark / IB?

2020-08-21 16:58

BursaBiggestBoss

Post removed.Why?

2020-08-21 20:06

Zuliana

You all buy... I want the price to go up up up for Speurmax.
Got it.

2020-08-22 12:38

iambillionaireinusd

stupid fuck post. Rubbish!!

2020-08-22 17:44

tuapuikia

obviously u put all the money into supermx and worry about it, LOL

2020-08-22 19:01

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